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Essar-owned yuMobile has sold its operations in Kenya for US$100mn in a move that is expected to transform the mobile communications industry in the country

Two mobile operators in the country, Safaricom and Airtel, will share out yuMobile assets in Kenya, yuMobile said. 

Safaricom is set to buy yuMobile’s infrastructure and will keep about 130 employees in its technical department, the company revealed.   

Airtel, on the other hand, will acquire yuMobile’s 2.7mn subscribers by taking over the mobile number prefix, allowing them to migrate to its network without changing their identities, it said. 

Statistics from the Communications Commission of Kenya (CCK) have revealed that Safaricom has a huge share of the market at 66.5 per cent, followed by Airtel at 17.6 per cent, yuMobile at 8.8 per cent and finally Orange at 7.1 per cent.

The number of yuMobile’s subscribers by Airtel will increase the latter’s market share to more than 25 per cent.

Last December, yuMobile sold its 10 per cent stake in the East Africa Marine Systems, an undersea fibre optic cable to Safaricom for US$11mn.


Mwangi Mumero

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